Economy

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  • Category : Economy
  • Global (2): NetDragon's Edmodo Chosen as the Designated Online Learning Platform in Egypt for Immediate Nationwide Rollout

    Date: 2020-03-20 06:19:02 GMT - Hong Kong - Economy - SN:3 - ID:8361885

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ----------------------------------------------------------------------------------------------------------- NetDragon's Edmodo Chosen as the Designated Online Learning ....

  • Global (1): Winners Announced for the 15th Annual Master the Mainframe Student Developer Competition

    Date: 2020-03-20 05:40:34 GMT - USA - Economy - SN:2 - ID:8361857

    Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ ----------------------------------------------------------------------------------------------------------- 2019's contest, powered by AngelHack, saw the largest ....

  • Egypt’s central banker says virus’s impact can be neutralized

    Date: 2020-03-19 21:12:22 GMT - Egypt - Economy - SN:114 - ID:8361707

    CAIRO, March 19 (MENA) - Egypt’s central bank said it was capable of shielding the Middle East’s fastest-growing economy from the impact of the coronavirus. “We have the power to neutralize the effect of the global turmoil on our economy, and we ....

  • NBE to invest EGP 1.5 bln in Egypt’s bourse

    Date: 2020-03-19 19:39:44 GMT - Egypt - Economy - SN:108 - ID:8361587

    CAIRO, March 19 (MENA) – The National Bank of Egypt (NBE) said Thursday it has started investing around EGP 1.5 billion in the Egyptian bourse. In its statement, NBE said that it believes that the running decline in the stock market is temporary ....

  • Egypt to purchase 120,000 tons of cooking oil- GASC

    Date: 2020-03-19 19:00:17 GMT - Egypt - Economy - SN:107 - ID:8361623

    CAIRO, March 19 (MENA) - The General Authority for Supply Commodities (GASC) has signed a contract to buy 120,000 tons of cooking oil. The first oil shipment will arrive between May 20 and June 10, while the second one will arrive from June 15 to ....

  • NBE offers buying saving certificates online

    Date: 2020-03-19 18:46:37 GMT - Egypt - Economy - SN:105 - ID:8361564

    CAIRO, March 19 (MENA) – The National Bank of Egypt (NBE) said Thursday that the bank’s clients can buy its saving certificates online and via the mobile banking application. The move comes as part of the NBE's keenness on preserving the ....

  • CBE cuts interest rates of some economic initiatives

    Date: 2020-03-19 17:13:40 GMT - Egypt - Economy - SN:95 - ID:8361410

    CAIRO, March 19 (MENA) – The Central Bank of Egypt (CBE) decided on Thursday to lower the interest rates applied on some economic initiatives to 8 percent, down from 10 percent. The CBE has launched several economic initiatives, aimed at ....

  • EGX head highlights banks' role in supporting all economy sectors

    Date: 2020-03-19 15:22:12 GMT - Egypt - Economy - SN:82 - ID:8361224

    CAIRO, March 19 (MENA) – Chairman of the Egyptian Stock Exchange (EGX) Mohamed Farid said the decisions of the National Bank of Egypt (NBE) and Banque Misr to pump EGP 3 billion in investments into the Egyptian firms’ shares reflect the role of the ....

  • PM witnesses signing of contract for investing in giant power plant

    Date: 2020-03-19 15:17:51 GMT - Egypt - Economy - SN:81 - ID:8361229

    CAIRO, March 19 (MENA) - Prime Minister Mostafa Madbouli on Thursday witnessed the signing of a contract between the Egyptian Electricity Holding Company (EEHC) and HSBC. Under the contract, the British bank will act as the financial adviser ....

  • Preventive measures taken to guarantee regular navigation movement: Suez Canal Authority

    Date: 2020-03-19 14:40:33 GMT - Egypt - Economy - SN:77 - ID:8361234

    ISMAILIA, Egypt, March 19 (MENA) - President of Suez Canal Authority Osama Rabie said that all preventive measures have been taken to make sure that the navigation movement in the canal goes on regularly and normally. This comes as part of the ....

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